N-type capacity expansion in 2018
Manufacturing trends: Global PV demand reached 102 GW in 2017 thanks to the significant increase of Chinese demand. Demand will slightly drop in China, the U.S., and Japan this year, while India and the emerging markets should witness higher demand. Therefore, total demand in 2018 will just be slightly lower than last year, reaching 95 GW.
Since the demand growth slowed down in Q4 2017 in the top three monocrystalline (mono-Si) markets – China, the U.S., and Europe – mono-Si manufacturers faced quite a few sales pressures in the run up to the end of 2017, leading to lower prices. The PV industry generally believes that the mono-Si market is likely …
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